Public Sector Undertakings in India 2021 – Complete List

Public Sector Enterprises are state owned or government owned enterprises in India. They are also called Public Sector Undertakings. Companies that are listed under Public Sector Undertakings are partly or completely owned by the government. For Public sector Undertakings majority of their shares should be government owned.

More than 51% shares of PSU’s are under the central or state government. Based on whether the shares of the company are owned by the central or state government, PSU’s are divided into two. Central Public Sector Enterprises and State Public Sector Enterprises. Central Public Sector companies are partially or fully owned by the government of India. State Public Service Undertakings are owned by the state government.

Initially there were just 5 public service enterprises in India. Now there are 348 PSU’s. In this article we will discuss the complete list of Public Service Undertakings in India. Read the complete article to know all about Public service enterprises in India.

Public Sector Undertakings – Major Highlights

It is already discussed that PSU’s are classified as Central Public Sector Enterprises and State Public Sector Enterprises. Public Sector companies are given additional financial autonomy based on their profit level. Depending upon the profit made by the Central Public Service enterprises they are further divided. They are namely the Maharatna, navaratna and miniratna companies.

Navaratna and miniratna companies have been functioning in India as early as from 1997. Maharatna companies have come into existence since 2007. In the below section we will discuss the classification of PSU’s in detail.

Classification of Public Sector Undertakings

Maharatna Public Sector Undertakings

The public service undertakings coming under the Navaratna status are chosen as Maharatna Public Service Undertakings. Also to achieve this status the companies must be listed in the Indian stock exchange. These companies should also fulfil the minimum public shareholding as set down by the Securities and exchange board of India.

Apart from what is given below certain other criterias also have to be fulfilled, for PSU’s to attain the navaratna status.

• Average total worth of the company in the past three years should be more than an 15000 crores
• Yearly turnover of the public service undertaking during the last 3 years has to be more than Rs 2500 crores
• Also the yearly profit made by the company after the taxes in the last three years has to be greater than Rs 5000 crores.
• It is also mandatory for the PSU to have adequate international presence
• Currently there are 9 Maharatna public service vice undertakings. The names of those 7 companies are also enclosed in the article below

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Navaratna Public Sector Undertakings

• It is mandatory for the PSU to have miniratna I status and schedule A listing for the company to have navaratna status
• The Memorandum of understanding (MOU) of the PSU must be excellent or very good in the last five years
• Apart from the points given above the PSU should have a score of 60 or more than that. The score of the PSU is out of 100 for the parameters given below

1. 1. Total profit to total worth 
   2. Earnings for each share
   3. Overall profit as turnover
   4. Cost of manpower to cost of service or production
   5. Inter sectoral comparison
   6. Overall margin as the funds employed

• In total there are 17 navratna PSUs

Miniratna PSU’s

• Miniratna Public Service Undertakings are divided into two, Miniratna I and Miniratna II
• At present there are 71 Miniratna PSU’s
• Miniratna Public service enterprises are those that have shown steady profit in the last three years. The company should also have positive net worth
• For the companies to attain miniratna I status PSU must have generated profits in the past 3 years. Also must have generated a profit of more than 30 crores in any one of the last 3 years
• Miniratna II PSU’s company must have a positive net worth in the last 3 years. Also company should have made profit in the last 3 years

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Public Sector Undertakings – A Complete List

List Of Maharatna PSUs

1. Indian Oil Corporation Limited
2. Coal India Limited
3. Gas Authority Of India or GAIL India Limited
4. Bharat Heavy Electricals Limited
5. Steel Authority of India Limited
6. Oil and Natural gas Corporation Limited
7. National Thermal Power Corporation or NTPC Limited
8. Bharat Petroleum Corporation Limited
9. Power Grid Corporation Of India

List of Navratna PSUs

1. Engineers India Limited (EIL)
2. Mahanagar Telephone Nigam Limited (MTNL)
3. Bharat Electronics Limited  (BEL)
4. Container Corporation Of India (CONCOR)
5. National Aluminium Company (NALCO)
6. Hindustan Aeronautics Limited (HAL)
7. Neyveli Lignite Corporation Limited (NLCIL)
8. National Buildings Construction Corporation (NBCC)
9. National Mineral Development Corporation (NMDC)
10. Rural Electrification Corporation (REC)
11. Power Finance Corporation (PFC)
12. Oil India Limited (OIL)
13. Rashtriya Ispat Nigam Limited (RINL)
14. Shipping Corporation Of India (SCI)

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List Of Miniratna I PSUs

1. MOIL
2. Mahanadi CoalFields
3. Indian Tourism Development Corporation (ITDC)
4. Indian Trade Promotion Organization (ITPO)
5. HSCC Ltd
6. Housing and Urban Development Corporation (HUDCO)
7. Indian Rare Earths (IREL)
8. Indian Railway Catering and Tourism Corporation (IRCTC)
9. Ircon Limited
10. Mazagon Dock Limited
11. Kudremukh Iron Ore Company
12. Educational Consultants India Limited (ECIL)
13. Cochin Shipyard Limited
14. Goa Shipyard Limited
15. Hindustan Copper Limited
16. HLL Lifecare Limited
17. Hindustan Newsprint
18. Hindustan Paper
19. Dredging Corporation Of India
20. Kamarajar Port Limited
21. Garden Reach Ship Builders and Engineers
22. Indian Renewable Energy Development Agency
23. Bharat Dynamics Limited
24. Bharat Coking Coal Limited
25. Balmer Lawrie
26. Airport Authority Of India
27. Antrix Corporation
28. Bridge and roof
29. Central Coalfields Limited
30. Bharat Sanchar Nigam Limited
31. Bharat Earth Movers Limited
32. Chennai Petroleum Corporation
33. Central Warehousing Corporation
34. NHPC Ltd
35. National Seeds Corporation
36. Mangalore Refinery and petrochemicals limited
37. MSTC Ltd
38. MMPC Ltd
39. National Fertilizers
40. National Small industries corporation
41. Mishra Dhatu Nigam
42. Northern Coalfields Limited
43. RITES
44. ONGC Videsh
45. SJVN Ltd
46. Rail Vikas Limited
47. RailTel Corporation Of India
48. Pawan Hans
49. Rashtriya Chemicals and Fertilizers
50. Projects and development India Limited
51. Numaligarh Refinery
52. North Eastern Electric Power Corporation
53. Security Printing and Minting Corporation Of India
54. Telecommunication Consultants India
55. South Eastern Coalfields
56. State Trading Corporation Of India
57. Mineral Exploration Corporation Limited
58. THDC Ltd
59. Western Coalfields
60. Water and Power Consultancy Services

List of Miniratna II PSUs

1. MECON
2. PEC Ltd
3. HMT Ltd
4. Ferro Scrap Nigam Limited
5. Indian Medicines and Pharmaceuticals Corporation Limited
6. National Film Development Corporation Of India
7. Artificial Limbs Manufacturing Corporation Of India
8. Central Mine Planning and Design Institute
9. Bharat Pumps and Compressors
10. Broadcast Engineering Consultants India
11. Central Railside Warehouse Company
12. Engineering Projects
13. FCI Aravali Gypsum and Minerals (India) Limited
14. Ministry of new and renewable energy (MNRE) and solar energy corporation of India
15. Rajasthan Electronics and Instruments limited

Financial Services 

• Bank of Baroda
• State Bank Of India 
• Punjab National Bank
• Canara Bank
• Union Bank of India
• Punjab and Sind Bank
• Bank of Maharashtra
• Bank of India
• Indian bank
• Central bank of India
• UCO Bank
• Jammu and Kashmir Bank

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Rural Banks

• Andhra Pradesh Grameena Vikas Bank
• Andhra Pragathi Grameena Bank
• Chaitanya Godavari Gramin Bank
• Saptagiri Grameena Bank
• Arunachal Pradesh Rural Bank
• Assam Gramin Vikas Bank
• Uttar Bihar and Dakshin Bihar Gramin Bank
• Baroda Gujarat Gramin Bank
• Saurashtra Gramin Bank
• Himachal Pradesh Gramin Bank
• Sarva Haryana Gramin Bank
• Jharkhand Rajya Gramin Bank
• Kerala Gramin Bank
• Ellaquai Dehati Bank
• J&K Grameen Bank
• Karnataka Gramin Bank
• Karnataka Vikas Gramin Bank
• Madhya Pradesh Gramin Bank
• Madhyanchal Gramin Bank
• Manipur Rural Bank
• Meghalaya Rural Bank
• Vidarbha Konkan Gramin Bank
• Maharashtra Gramin Bank
• Mizoram Rural Bank
• Nagaland Rural Bank
• Punjab Gramin Bank
• Puduvai Bharathiar Grama Bank
• Odisha Gramya Bank
• Utkal Grameen Bank
• Rajasthan Marudhara Gramin Bank
• Baroda Rajasthan Kshetriya Gramin Bank
• Tamil Nadu Grama Bank
• Telangana Grameena Bank
• Tripura Gramin Bank
• Uttarakhand Gramin Bank
• Baroda UP Bank
• Aryavart Bank
• Prathama UP Gramin Bank
• Uttarbanga Kshetriya Gramin Bank
• Paschim Banga Gramin Bank
• Bangiya Gramin Vikash Bank

Insurance Companies

• Life Insurance Corporation Of India
• Oriental Insurance Limited
• New India Assurance
• General Insurance Corporation of India
• National Insurance Company Limited
• United India Insurance company
• Agricultural Insurance Company Of India

Stock Exchanges

• National Stock exchange of India
• Metropolitan Stock Exchange
• India International Stock exchange
• Interconnected stock exchange Of India
• Multi Commodity Exchange
• Over the counter Exchange Of India
• Bombay Stock Exchange
• National Commodity and Derivatives Exchange
• Calcutta Stock Exchange
• Coimbatore StockExchange
• Hyderabad Securities and Enterprise Limited
• Mangalore Stock Exchange
• Cochin Stock Exchange
• Saurashtra Kutch Stock Exchange
• Gauhati Stock Exchange
• Bangalore Stock Exchange
• Ludhiana Stock Exchange
• Pune Stock Exchange
• Jaipur Stock Exchange
• Bhubaneswar Stock Exchange
• Madhya Pradesh Stock Exchange
• Madras Stock Exchange
• UP Stock Exchange
• Vadodara Stock Exchange
• Ahmedabad Stock Exchange
• Delhi Stock Exchange

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